Issue 10: 18 Aug 2014
Nuntawan Sakuntanaga, the director general of the DITP has revealed the department’s latest strategy for the upcoming ASEAN Economic Community (AEC) in late 2015. She announced that the DITP is looking at Vietnam as a base for raw materials and the production of Thai goods. The DITP aims to boost the food, service, clothes and textile industries in Vietnam.
The DITP, governmental organisations and private businesses have held a Thailand Week exposition in Vietnam this month. In addition, 26 Thai entrepreneurs under the SME Proactive Programme will participate in the Manufacturing Expo 2014 in Vietnam from August 27 to 29.
From January to May 2014, the trade value between Thailand and Vietnam increased by 8% compared to 2013, totaling some US$10.4 billion. Thailand is the number one source for plastic resin in Vietnam with 10% import growth in 2014.
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